Three residential lofts to be built in downtown Midland
A gutsy move, no doubt, and we wish the developers great good luck in their endeavors. All the way up to but not including access to public monies (this is Midland's Official 'Aginner' Blog, after all).
But it makes me wonder what the status is of the project that was to turn the old First National Bank Building on the corner of Main and Wall into residential units. I have always loved that old building and its accompanying office 'tower'. That old bank, the old Shell building, and the Yucca Theater are the only architecturally notable buildings in downtown Midland.
That project seemed to be moving along pretty fast and also seemed to have been timed well with the price of oil headed up and the inventory of available homes way down. Those two indicators have since reversed....with a vengeance, unfortunately, and I wonder if that project is on an indefinite hold.
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5 Comments
I wondering if the 2 apartment complexes that the Dallas developer are going to be built now? Doubt many will be willing to pay 2k a month to live on the 3rd story of an apartment building.
We need to establish a Paddling Centre where the old Pavilion was. 2011 there are rlcrentuy 19 teams (475 individuals) paddling on our portion of the lake and this is just dragonboating. We have a growing contigency of Outriggers, board paddlers, kayakers, canoeist who could all use a common center. The centre could be used by the public as a point for which any event is run. Sustainability and clean air is what we are all about and there is no better way to keep fit then out on our beautiful lake. These group sports bring our community together and the Paddling Centre will give them a place to grow and continue to contribute to a healthy community.
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WOW! This may make me move back! Lets see, where I live now in downtown Austin there is a Whole Foods a block away, five restaurants and two bars within five blocks, a gym, two big hotels and Lady Bird Lake with walking trails. Something tells me there is not the same around these in Midland.
And why build them now? In the Austin paper today there was an article about the oil bust now in Midland. I know there is was a shortage of houses at one time but last time I talked to someone there isn't now. Sounds like he came late to the party and everyone has already gone home!